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Updated over 2 years ago on . Most recent reply

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4
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6
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Isan Sahoo
6
Votes |
4
Posts

Short term rental on H1B visa

Isan Sahoo
Posted

Hello All,

I'm new to real estate investment and thinking of starting short term rentals (Airbnb & Vrbo). As I'm on H1b visa, I'm only allowed to have passive income. In case I buy short term rental and hire a property manager to manage my rental, will it be considered as passive? Also, can I open a LLC on H1b visa to buys properties?

TIA

Most Popular Reply

User Stats

286
Posts
130
Votes
Adam Bartling
  • Lender
  • Rosenberg, TX
130
Votes |
286
Posts
Adam Bartling
  • Lender
  • Rosenberg, TX
Replied

I had an employee do the same thing on H-1B visa.  Be more than happy to work with you 👍

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